Third Party Managed Pricing

Forensik can be used as a collaborative pricing tool between buyer and supplier. The supplier enters their cost and machine performance details in order to calculate the agreed price. The supplier then decides which cost data points they will allow to be shared with the brand owner.

• In the event a supplier is not willing to be fully transparent commercially, the team at benchmark can lock these hidden data points in the system such that the supplier can not adjust these without prior consent.
• In the event hidden data points need to be adjusted, the brand owner needs to approve this change and the team at BM will administer the change to Forensik
• Both the brand owner and supplier have full access to the system to model cost and price as the portfolio evolves